Oppenheimer analyst Bryan Blair assigned a Hold rating to Pentair (PNR) today. The company’s shares opened today at $42.10.
According to TipRanks.com, Blair is a 1-star analyst with an average return of -6.3% and a 37.0% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Incorporated, Watts Water Technologies, and Mueller Water Products.
Pentair has an analyst consensus of Hold, with a price target consensus of $43.33.
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Based on Pentair’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $110 million. In comparison, last year the company had a net profit of $207 million.
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Pentair Plc engages in the provision of water solutions for residential, commercial, industrial, infrastructure, and agriculture applications. Its portfolio of solutions enables people, businesses, and industries to access clean, safe water, reduce water consumption, and recover and reuse it.
